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At the turn of the XX century a new view of the role of people in creating corporate value was developed. They are perceived as the ?capital, thus much demanded and valuable asset, which - adequately applied - contributes to a dynamie corporate growth'. Humań capital is far morę significant than materiał resources and sources of funding possessed and used by companies. Above all, knowledge, which distinguishes an organization in its environment and is the source of competitive advantage, is a decisive factor of the quality of that capital.

It is permanent and dynamie development that characterizes the current knowledge. The knowledge-based human capital, functioning in the turbulent environment, requires mastering interpersonal competences, such as readiness for change, willingness to develop, entrepreneurship and motivation.

The above premises create the basis of scientific, research and didactic activity of the Institute of Human Capital Development.

The major areas of interest the quarterly focuses on includes a wide rangę of issues of significance to both managers and specialist in all the fields of economy:

Labour market and educational system as the determinants of human capital in Polish organisations.

Model of contemporary leader in an organisation.

Evolution of requirements of employers - competence profile of a modern employee.

Competence-based and flexible management of human capital in an organisation.

Development management, most importantly the evaluation of effectiveness of the development process.

Factors and forms of influence of stakeholders/employees, managerial staff and trade unions on the growth in corporate value.